Comments on: Ndola Lime Scandal: $120 Million Loss Exposed!, Call for Accountability https://www.lusakatimes.com/2024/12/20/ndola-lime-scandal-120-million-loss-exposed-call-for-accountability/ Keeping you Informed Sat, 21 Dec 2024 11:50:38 +0000 hourly 1 https://wordpress.org/?v=6.6.2 By: KELVIN https://www.lusakatimes.com/2024/12/20/ndola-lime-scandal-120-million-loss-exposed-call-for-accountability/#comment-3556844 Sat, 21 Dec 2024 11:50:38 +0000 https://www.lusakatimes.com/?p=469138#comment-3556844 In reply to Deja Vu.

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By: KELVIN https://www.lusakatimes.com/2024/12/20/ndola-lime-scandal-120-million-loss-exposed-call-for-accountability/#comment-3556843 Sat, 21 Dec 2024 11:49:49 +0000 https://www.lusakatimes.com/?p=469138#comment-3556843 In reply to Deja Vu.

hello

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By: Jata Bulenge https://www.lusakatimes.com/2024/12/20/ndola-lime-scandal-120-million-loss-exposed-call-for-accountability/#comment-3556836 Sat, 21 Dec 2024 10:00:28 +0000 https://www.lusakatimes.com/?p=469138#comment-3556836 In reply to Jackson.

Read the Lusaka Times article on the restructuring of this company dated 20th Feb 2020. We speak of two entities. Ndola Lime and Lime Resources that came out of the restructuring process. And ask yourself what this man’s point is. Also remember that to prosecute issues. There is what they call statute of limitation. Also read the attached documents that are below the article. Would be keen to hear what you make of this man after reading what I have suggested @Mankunku

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By: Jata Bulenge https://www.lusakatimes.com/2024/12/20/ndola-lime-scandal-120-million-loss-exposed-call-for-accountability/#comment-3556835 Sat, 21 Dec 2024 09:53:27 +0000 https://www.lusakatimes.com/?p=469138#comment-3556835 In reply to HH is NOT GENUINE.

This Muzungu wrote to mateyo who was ceo at IDC during PF. When Mateyo didnt explain and was removed he wrote to Muleya who took over from Mateyo.
Further reading on the company. It was a joint venture between ZCCM and a Chinese company in 2017 when it was formed. Ndola Lime Company Limited became insolvent in 2018. Under a restructuring plan, a successor company, Limestone Resources Limited (LRL), was created in 2020 (citing Lusaka times article of 20th Feb 2020).
The issue if read the attatchments from this shareholder escalated to Parliament.
In the restructering process the asset and kiln was dealt with. I really dont understand how a new company will now deal with issues of an insolvent dead entity whose issues should have been addressed prior to insolvency.

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By: HH is NOT GENUINE https://www.lusakatimes.com/2024/12/20/ndola-lime-scandal-120-million-loss-exposed-call-for-accountability/#comment-3556799 Sat, 21 Dec 2024 01:34:00 +0000 https://www.lusakatimes.com/?p=469138#comment-3556799 Is there a company or government position not occupied by a TONGA? Is HH a tribalist or a real Zambian leader or a tribal leader? Now there’s a Muleya at Ndola Lime? Wow!!!

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By: AM https://www.lusakatimes.com/2024/12/20/ndola-lime-scandal-120-million-loss-exposed-call-for-accountability/#comment-3556760 Fri, 20 Dec 2024 16:21:31 +0000 https://www.lusakatimes.com/?p=469138#comment-3556760 The Kiln scandal happened in 2019…..

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By: Gunner in Zambia https://www.lusakatimes.com/2024/12/20/ndola-lime-scandal-120-million-loss-exposed-call-for-accountability/#comment-3556756 Fri, 20 Dec 2024 14:26:42 +0000 https://www.lusakatimes.com/?p=469138#comment-3556756 In reply to Deja Vu.

This is a big case. The board chair of Ndola Lime Company when this happened was a veteran accountant who should have known better than allowing management to go ahead with the transaction. You will not hear a word from the PF on this one. The inaction of the UPND government is quite troubling.

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By: Ayatollah https://www.lusakatimes.com/2024/12/20/ndola-lime-scandal-120-million-loss-exposed-call-for-accountability/#comment-3556747 Fri, 20 Dec 2024 10:45:08 +0000 https://www.lusakatimes.com/?p=469138#comment-3556747 In reply to Deja Vu.

@Deja Vu, Kainde just shot an elephant and in three years the carcass is still very big. So every manner of scoundrels can take his share and hope that no one notices. It’s a government of thieving angels. People power will stop this nonsense and not those he’s targeting.

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By: Jata Bulenge https://www.lusakatimes.com/2024/12/20/ndola-lime-scandal-120-million-loss-exposed-call-for-accountability/#comment-3556746 Fri, 20 Dec 2024 10:38:47 +0000 https://www.lusakatimes.com/?p=469138#comment-3556746 In reply to Jata Bulenge.

These funds will be forfeited to the state (if ever as your countries are a source of irritation when it comes to the extradition of stolen money. Remember the the stolen Nigerian funds in western accounts in the General Sani Abacha (17 November 1993 to 8 June 1998) case?
The opportunity cost that we invested in seeking justice under Mwanawasa and the results were frustrating sometimes you may want to argue political will.
So give it a rest bwana…Zambia is a soverign state when it comes to the state investigating. I believe the issue is being dealt with and the noise you make helps the perps just elude the issue further. We have a saying…ntodolo busuma. Still waters run deep is the equivalent of the english saying

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By: Jata Bulenge https://www.lusakatimes.com/2024/12/20/ndola-lime-scandal-120-million-loss-exposed-call-for-accountability/#comment-3556745 Fri, 20 Dec 2024 10:37:29 +0000 https://www.lusakatimes.com/?p=469138#comment-3556745 In reply to Jata Bulenge.

Yes, its disgusting that those that are named as perpetuators or at the helm of these occurances are the same people bragging and seeking the highest offices of the land not just in Zambia, but South Africa and the said hail of Democracy….these United States of America…an insult and a joke to all the standards/values you suggest we fight in this lime Resource company. So before you have a stroke, save yourself the trouble and spare us the alarm by selling your interest as its now begining to be a source of irritation as when the issue is solved.

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